Classic cars forum & vehicle restoration.

[Ray White]

Recently, I have been following Classic Car market trends which have shown a rise and fall in prices that seem to reflect the progress of Covid19.

While, this is good for younger enthusiasts who may be getting into the hobby, the push towards electric cars onto an unenthusiastic motoring population is also floundering.

There seems to be a feeling that electric cars are "woke" . That aside, I am wondering if there will be an increased demand for fully restored practical classics as the opportunity to buy a new i.c. engined car becomes more difficult?

Could we be about to see a big increase in demand for older cars?

[ukdave2002]

I think when the ban on ICE cars comes in, there may be a demand for cars that are perhaps up to 10 years old, i.e. vehicles that are currently being produced.

The majority of the car buying public need something that is reliable, simple to drive, safe and has the luxuries and gadgets that they are used to, I just can't see them going for a classic , even if its something affordable like a well sorted MGB or even a Ford Sierra?

Much depends on how practical & affordable vehicles will be, and if the future charging infrastructure will be better, able to meet demand. If when I change my modern in a couple of years, the charging infrastructure is there and I can tow a decent distance, I'd certainly consider an electric vehicle, currently the range and towing capacities are both too low to be practical for me.

Dave

[alastairq]

My next door neighbour has a Dad! [Surprise surprise, in this day & age?}
He's just swapped out his Citrus Blingo for a '24{?} electric Ford Poomah.

It appears, he loves it!

He is a pensioneer [like me]....but it seems his driving needs aren't at all like mine.

Also, he 'owns' his home, in the next village...so organising decent charging facilities weren't an issue.
{I rent, and touch wood, my rent hasn't risen in 11 years, so I keep a low profile.....Demanding an electric charging point outside[not a 13 amp plug, as I have now]... might draw too much attention]

For me, having Dad's taxi on call, means I never really know what mileage I'll do the next day, or night?
Besides, if I had several [many?} thousands ...or a significant number of, surplus hundreds , of pensionquids each month...I wouldn't be buying a new car of any sort...rather I'd spend the cash on a car lift, and maybe follow Rick's advice regarding a Standard 10 or Moggie Minor.
IE, modest [40-plus ] MPGs, easy to mend, without knuckle-barffing, cheap & easy to get spares....a tin roof ** , a heater of sorts, and good windscreen wipers, is all I truly need. Tax free, of course, and hopefully getting zero or very cheap road charging, when that comes into our lives? {Hopefully only on 'main' roads..leaving the back lanes free to use?]...Oh, and easy enough for me to get in & out of, with a modicum of dignity...in Lidls car park.

** plastic roof will do just as nicely....although all should have a decent headlining..I hate replacing headlinings, bad experience doing so..
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Dellow Mk2, 1951 built, reg 1952.
Fiat 126 BIS
Cannon special [1996 registered. Built in 1950's]
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Ford Pop chassis, Ashley 1172 bodyshell, in pieces.

[Ray White]

The only thing that holds prices back at auction is a shortage of bidders. I have a suspicion that there are plenty of older buyers who know a good thing when they see one... and once the nostalgia thing kicks in it will not just be fast Ford and Mini enthusiasts champing at the bit but they will be queuing up for a variety of cars that they remember from years ago.

A good, sound and well maintained Triumph 2000 or Rover P6 would possibly represent a mode of transport that folk remember fondly. The shortage of such vehicles may eventually push up prices ...and by default... help to keep our hobby going well into the future.

[Rootes75]

I think honestly with the current second hand car market riding pretty high I can see older car prices rising even further.

My Daughter is 18 and within her friend group a few are now passing their tests...one recently paid 4500 for a 12 year old Kia whereas another bought a lovely 1970 Morris 1000 for just under 2000...

That's now kicked a few of her friends into the same trend, one is buying a Beetle and now my daughter would like a Morris Traveller...

This is just a tiny group but imagine if this were the thinking nationwide with these teenagers, the price of cars from 40-50 years ago would soar due to the demand...
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Various Rootes Vehicles.

[Ray White]